E90Post
 


 
BMW 3-Series (E90 E92) Forum > BMW E90/E92/E93 3-series General Forums > New & Preowned BMW Ordering / Pricing / Tracking Information Forum (including European Delivery) > Manuals, Invoice/MSRP Pricing, Buying Guides, Bulletins, etc. > 4.9% for 72?



Reply
 
Thread Tools Search this Thread
      12-06-2009, 12:46 PM   #1
Matts435coupe
Major
United_States
111
Rep
1,262
Posts

Drives: 2014 BMW 435i Coupe Msport 6MT
Join Date: Sep 2009
Location: Fort Lauderdale, Florida

iTrader: (1)

4.9% for 72?

Can you get 4.9% for 72 months, or is it only for 60 months?
Appreciate 0
      12-10-2009, 12:51 AM   #2
Ron1n
Speed Demon
Ron1n's Avatar
United_States
205
Rep
3,689
Posts

Drives: 2021 M5C
Join Date: Oct 2009
Location: Irvine

iTrader: (6)

Garage List
2021 M5 Competition  [0.00]
2016 BMW 550i  [0.00]
2011 335is  [0.00]
2009 E93 M3  [10.00]
2010 335d  [9.50]
Only 60 months. BMW doesn't routinely do 72 month finance packages (and it's normally not in your best interest to finance that long).
__________________

Current: '21 M5C, '15 X6 50i Previous: '18 M550i, '16 550i, '11 335is, '09 E93 M3 DCT, '10 E90 335d, '07 E90 328i
Appreciate 0
      05-24-2010, 07:10 PM   #3
EYE4SPEED
Ex-Diesel Driver
EYE4SPEED's Avatar
United_States
61
Rep
2,000
Posts

Drives: Audi SQ5
Join Date: Apr 2010
Location: West Coast... of Michigan

iTrader: (22)

I used Chase and closed today - rate was 3.34 for 60 months.
Appreciate 0
      05-28-2010, 05:33 PM   #4
Jblack4083
Captain
United_States
116
Rep
888
Posts

Drives: E46 ///M3 JB/CB
Join Date: Jan 2009
Location: Queens, NYC

iTrader: (0)

Its not a great idea to finance for 72 months... I work at a dealership and on top of getting the worst rate youre not going to be happy still paying for your car 6 years later. I would suggest saving up a bit more money to put down so you can lower your payment instead of doing 72 months to lower the payment
Appreciate 0
      06-26-2010, 04:28 PM   #5
Sean825
Registered
United_States
0
Rep
4
Posts

Drives: 2007 328xi Coupe
Join Date: Jun 2010
Location: Savannah

iTrader: (0)

I just got it for 66 months if that helps you at all.
Appreciate 0
      06-26-2010, 04:36 PM   #6
Robben@ltbmw
United_States
118
Rep
2,215
Posts

Drives: E90 Space Grey
Join Date: Dec 2009
Location: ROSEMEAD, CA

iTrader: (4)

Garage List
2007 328i  [0.00]
Not only 72months is too long but that rate is too high. I remember paying 2.9% for 60months for mine.
Appreciate 0
      07-30-2010, 01:15 PM   #7
jmar0351
Second Lieutenant
12
Rep
279
Posts

Drives: 2021 X3 M40i
Join Date: Jul 2010
Location: Brooklyn, NY

iTrader: (0)

Garage List
I'm getting 3.9% for 72 with a credit union. If you know any family that has one thats a good route to look into.
Appreciate 0
      07-30-2010, 01:32 PM   #8
luv135i
Major
luv135i's Avatar
60
Rep
1,073
Posts

Drives: White
Join Date: Nov 2009
Location: GA

iTrader: (0)

2.99 Penfed 60mos
Appreciate 0
      07-30-2010, 01:34 PM   #9
SpmnE9zero
DENY THE WORLD THAT SURROUNDS YOU
SpmnE9zero's Avatar
United_States
505
Rep
35,580
Posts

Drives: JB 33ZERO
Join Date: Nov 2008
Location: City of Champions

iTrader: (14)

Garage List
2006 330xi  [0.00]
1.9 for 60 here
__________________
Eurocharged V5 | ROW's / CC Delete | K&N's | H&R Springs | Single Fin G.B. Grill | Mode Carbon Diffuser | JBSpeed CF Spoiler |
Arkym Style CF Splitter | CF Mirror Caps | 5% Tints | 12mm Spacers |
Appreciate 0
      07-30-2010, 02:10 PM   #10
luv135i
Major
luv135i's Avatar
60
Rep
1,073
Posts

Drives: White
Join Date: Nov 2009
Location: GA

iTrader: (0)

Quote:
Originally Posted by SpmnE9zero View Post
1.9 for 60 here
Where at?
Appreciate 0
      07-30-2010, 02:51 PM   #11
sneaks
Lieutenant
sneaks's Avatar
Canada
17
Rep
431
Posts

Drives: '08 335xi
Join Date: Apr 2008
Location: 24 Sussex

iTrader: (1)

Garage List
2008 335xi  [0.00]
Sometimes the realization of financing, and actual dollar amount over 6 years isn't totally understood.
If you finance $55,000 over 72 months at 4.9%, you are paying over $8500 to the lender in interest.
Reducing it to 60 months at 2.9%, the interest over the term of the loan is reduced to about $4100.
It is important to have a monthly budget but at the same time, be careful not to focus 100% on the monthly payment. It is exactly what the car dealers want you to do.
Appreciate 0
      08-01-2010, 09:07 PM   #12
jmar0351
Second Lieutenant
12
Rep
279
Posts

Drives: 2021 X3 M40i
Join Date: Jul 2010
Location: Brooklyn, NY

iTrader: (0)

Garage List
Quote:
Originally Posted by sneaks View Post
Sometimes the realization of financing, and actual dollar amount over 6 years isn't totally understood.
If you finance $55,000 over 72 months at 4.9%, you are paying over $8500 to the lender in interest.
Reducing it to 60 months at 2.9%, the interest over the term of the loan is reduced to about $4100.
It is important to have a monthly budget but at the same time, be careful not to focus 100% on the monthly payment. It is exactly what the car dealers want you to do.
You are 100% right! But as of right now I'm going to school using the g.i. bill so my income is slightly limited... I might just end up trying to get another job and really bust my ass... I know it pays off in the long run.
Appreciate 0
      08-09-2010, 07:31 PM   #13
BayMoWe335
Colonel
1173
Rep
2,132
Posts

Drives: 2010 E92 335i 6MT
Join Date: Aug 2009
Location: US

iTrader: (0)

Quote:
Originally Posted by jmar0351 View Post
You are 100% right! But as of right now I'm going to school using the g.i. bill so my income is slightly limited... I might just end up trying to get another job and really bust my ass... I know it pays off in the long run.
Don't get a BMW...you can't afford it.

The truth hurts sometimes.
Appreciate 0
      08-09-2010, 09:51 PM   #14
spdy330
Major General
spdy330's Avatar
United_States
528
Rep
6,149
Posts

Drives: 05 Tundra, 15 FIT, 17 CRV
Join Date: Dec 2009
Location: Chino Hills, CA

iTrader: (163)

^^^ What BayMoWe335 said. Finish school and then get your car once your job is in place.
__________________
If you will be purchasing ANY AT&T services online or in store could you mention that you were referred by me? My Employee Referral ID is eo4489. This would be a great help and it costs you nothing, thank you!
Appreciate 0
      08-09-2010, 11:14 PM   #15
CasperSYTFU
SYTFU Crew
CasperSYTFU's Avatar
No_Country
36
Rep
1,179
Posts

Drives: 2010 Toyota FJ
Join Date: Aug 2010
Location: Bay Area, CA

iTrader: (8)

Garage List
g.i. bill? thanks you for your service.
also it does suck to hear but listen to them... if its a struggle to afford the loan for the car you cant afford it with maintenance etc...
Be patient and start putting money aside now.
Appreciate 0
Reply

Bookmarks

Thread Tools Search this Thread
Search this Thread:

Advanced Search

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off



All times are GMT -5. The time now is 06:54 AM.




e90post
Powered by vBulletin® Version 3.8.11
Copyright ©2000 - 2024, vBulletin Solutions Inc.
1Addicts.com, BIMMERPOST.com, E90Post.com, F30Post.com, M3Post.com, ZPost.com, 5Post.com, 6Post.com, 7Post.com, XBimmers.com logo and trademark are properties of BIMMERPOST